EPC has broken out of a descending wedge with bullish RSI divergence just looking for a retest of support and bounce for an entry.
There is a new touch of the 200 day MA for EPC. Start watching for trendline breaks and take a look at the income statements and balance sheets. This company has better EBIT and less debt than last year. Some other fundamentals are less attractive: lower income from sales, negative return on assets and equity from last year, no dividends. But the less...
TraderInsight's Adrian Manz added EPC to the short sale list for Friday's trading. The stock moved smoothly through the 61.89 short-sale entry price and closed out at 60.92. This was another example of the implosion principle playing out over multiple sessions. See how the trade played out at: traderinsight.com